Transfer student, need serious help

mom2collegekids
Thu, 25 Jun 2015 11:22:19 +0000

BrownParent is right. Do NOT put yourself in a situation where you must move out. Keep your mouth shut and don’t argue.

You’re cutting off your nose to spite your face. If you move out, then you’'ll likely NEVER finish your degree. I’ve seen this happen many times. Kids on their own can’t earn enough to pay for their living expenses and school, so school gets dropped.

Don’t say anything about loans to your parents. They do NOT have to know. Just submit FAFSA, and accept the loans. Your parents will NEVER know.

It sounds like you still have soph year to go at your CC. Submit FAFSA for this soph year, take the loan and bank it. Do NOT tell your parents. Do not think that this money can help you move out sooner. You’re going to need it for your last two years of college.

If you get kicked out then you won’t be able to afford anything. Commuting to a UC will still cost you at least $16k per year. You need your parents for that.

The amount you can borrow is limited to the following amounts:

Frosh 5500
soph 6500
jr 7500
sr 7500

The above is what you can borrow if you file FAFSA and do NOT tell your parents that you’re taking out the loans.

However, you can’t borrow more than that, so get that idea out of your head. You would need your parents to borrow more and they won’t do it.

BTW…I think when your mom says that they don’t see half of the income is that they may have a bunch of stuff automatically deducted from dad’s paycheck…401k, health insurance, car payments, etc, If your dad has a work-related credit union, then likely car payments, etc, are being deducted from his paycheck.